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<p class='main'><a href="crowd cache.htm">Crowd Cache</a> <small>(CC)</small> is a <a href="new.htm">new</a> currency which intends to be an imperfect store of <a href="future.htm">future</a> <a href="valu.htm">valu</a>e.<br/>
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This is done by <a href="creat.htm">creat</a>ing legally binding documents representing the <a href="proper.htm">Proper</a>ty and <a href="promis.htm">Promis</a>es <a href="need.htm">need</a>ed to <a href="creat.htm">creat</a>e and maintain the many <a href="produc.htm">Produc</a>ts that <a href="group.htm">group</a> <a href="need.htm">need</a>s, such as <a href="food.htm">food</a>, housing, <a href="water.htm">water</a>, <a href="sani.htm">sani</a>tation, <a href="cloth.htm">cloth</a>ing, <a href="heal.htm">heal</a>th care, etc.<br/>
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#1 a title of real <a href="own.htm">own</a>ership over the <a href="proper.htm">Proper</a>ty and<br/>
#2 a claim of <a href="labor.htm">labor</a> <small>[as <a href="work-to-own.htm">work-to-own</a>]</small> over the <a href="promis.htm">Promis</a>es<br/>
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The <a href="proper.htm">Proper</a>ty is all the <a href="land.htm">land</a> and tools and other non-human inputs <a href="need.htm">need</a>ed to house and care for the chickens and to <a href="grow.htm">grow</a> their feed.<br/>
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The <a href="promis.htm">Promis</a>es are <a href="commit.htm">commit</a>ments from qualified <a href="work.htm">work</a>ers to achieve that <a href="work.htm">work</a> at an agreed <a href="time.htm">time</a> in the <a href="future.htm">future</a>.<br/>
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The <a href="produc.htm">Produc</a>t is an *estimated* <a href="return.htm">return</a> on in<a href="vest.htm">vest</a>ment, and is only as good as the <a href="proper.htm">Proper</a>ty and <a href="promis.htm">Promis</a>es required for that <a href="produc.htm">produc</a>tion, and so the <a href="valu.htm">valu</a>e of each CC depends upon the real <a href="produc.htm">produc</a>tive <a href="valu.htm">valu</a>e of the <a href="land.htm">land</a> and tools multiplied by the <a href="work.htm">work</a>ers' <a href="skill.htm">skill</a>s.<br/>
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<a href="proper.htm">Proper</a>ty <a href="own.htm">own</a>ers are <a href="produc.htm">Produc</a>t <a href="own.htm">own</a>ers in that same amount if they have paid their portion of the <a href="cost.htm">cost</a>s.<br/>
<a href="promis.htm">Promis</a>es are <a href="commit.htm">commit</a>ments of <a href="future.htm">future</a> <a href="labor.htm">labor</a> that should cause <a href="work.htm">work</a>ers to gain <a href="debt.htm">debt</a>-<a href="free.htm">free</a> <a href="proper.htm">proper</a>ty on a <a href="work-to-own.htm">work-to-own</a> basis <small>(<a href="crowd.htm">Crowd</a> <a href="control.htm">Control</a>)</small>.<br/>
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If <a href="profit.htm">Profit</a> is collected when <a href="sell.htm">sell</a>ing <a href="surplus.htm">surplus</a>, it must be treated as the <a href="pay.htm">pay</a>er's in<a href="vest.htm">vest</a>ment as <a href="out.htm">out</a>lined in the IOTA.<br/>
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<a href="crowd cache.htm">Crowd Cache</a> is issued in response to an in<a href="vest.htm">vest</a>ment, where in<a href="vest.htm">vest</a>ments are one of:<br/>
A. <a href="proper.htm">Proper</a>ty - When someone <a href="commit.htm">commit</a>s <a href="land.htm">land</a> or tools or even just plain-<a href="old.htm">old</a>-<a href="mone.htm">mone</a>y.<br/>
B. <a href="promis.htm">Promis</a>es - When someone <a href="commit.htm">commit</a>s to achieve some <a href="future.htm">future</a> goal.<br/>
C. <a href="profit.htm">Profit</a>&nbsp;&nbsp; - When treating <a href="price.htm">price</a>-above-<a href="cost.htm">cost</a> as the <a href="pay.htm">pay</a>er's in<a href="vest.htm">vest</a>ment.<br/>
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Each <a href="produc.htm">produc</a>t INSTANCE has a <a href="window.htm">window</a>-of-validity in <a href="time.htm">time</a> <small>(can only be <a href="use.htm">use</a>d between a start and end <a href="time.htm">time</a>)</small> enforced by reality itself.&nbsp;&nbsp;For example, you cannot <a href="use.htm">use</a> an egg until they are <a href="out.htm">out</a> of the chicken :-D, and you must not <a href="eat.htm">eat</a> them after they are too <a href="old.htm">old</a> :-0.<br/>
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<a href="proper.htm">Proper</a> accounting is important to defend ourselves against someone who might try to take more than they <a href="own.htm">own</a>.<br/>
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<span class="h2">==<a href="proper.htm">Proper</a>ty <a href="own.htm">Own</a>ership</span><br/>
To <a href="insur.htm">insur</a>e <a href="produc.htm">produc</a>tion continues, a <a href="crowd cache.htm">Crowd Cache</a> <a href="own.htm">own</a>er must either:<br/>
1. Directly supply all the <a href="proper.htm">proper</a>ty and <a href="promis.htm">promis</a>es <a href="need.htm">need</a>ed to cover their portion of the recurring <a href="cost.htm">cost</a>s of <a href="produc.htm">produc</a>tion as decided by the <a href="group.htm">group</a>.<br/>
2. Indirectly supply <a href="proper.htm">proper</a>ty or <a href="promis.htm">promis</a>es through cross-<a href="commit.htm">commit</a>ments.<br/>
3. Allow the <a href="group.htm">group</a> to <a href="trad.htm">trad</a>e a portion of their <a href="produc.htm">produc</a>t for the <a href="sourc.htm">sourc</a>es that <a href="produc.htm">produc</a>tion requires.<br/>
4. <a href="sece.htm">Sece</a>de from the <a href="group.htm">group</a> to retain their portion of the <a href="sourc.htm">sourc</a>es under their <a href="own.htm">own</a> <a href="term.htm">term</a>s.<br/>
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<span class="h2">==<a href="promis.htm">Promis</a>e Scheduling</span><br/>
Services are predictively scheduled when <a href="work.htm">work</a>ers <a href="commit.htm">commit</a> <a href="promis.htm">promis</a>es toward <a href="future.htm">future</a> <a href="produc.htm">produc</a>tion.<br/>
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For example, picking more than your portion of the fruit in the orchard <a href="means.htm">means</a> you have done <a href="work.htm">work</a> for other orchard <a href="own.htm">own</a>ers.<br/>
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<a href="trad.htm">Trad</a>ing <a href="work.htm">work</a> <a href="promis.htm">promis</a>es before <a href="produc.htm">produc</a>tion begins allows <a href="us.htm">us</a> to specialize without <a href="pass.htm">pass</a>ing tokens while also <a href="solv.htm">solv</a>ing the "simultaneous <a href="coin.htm">coin</a>cidence of <a href="want.htm">want</a>s" problem that faces typical barter.<br/>
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This n<a href="early.htm">early</a> eliminates the <a href="need.htm">need</a> to <a href="use.htm">use</a> <a href="mone.htm">mone</a>y at all, since the goods and services are already <a href="commit.htm">commit</a>ted to those who <a href="need.htm">need</a> them.<br/>
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Mr. A may <a href="commit.htm">commit</a> to <a href="work.htm">work</a> for Ms. B in <a href="return.htm">return</a> for Ms. B <a href="commit.htm">commit</a>ting to <a href="work.htm">work</a> for Mr. A.<br/>
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But more complex chains can also be arranged such as A <a href="work.htm">work</a>s for B, B <a href="work.htm">work</a>s for C, C <a href="work.htm">work</a>s A, for example, but really to any depth.<br/>
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Some requirements for this part of the system:<br/>
A way for in<a href="vest.htm">vest</a>ors to list the <a href="produc.htm">Produc</a>ts they <a href="want.htm">want</a>.<br/>
A way to find the <a href="proper.htm">Proper</a>ty and <a href="promis.htm">Promis</a>es required for that <a href="produc.htm">produc</a>tion.<br/>
A way to <a href="purch.htm">purch</a>ase the <a href="proper.htm">Proper</a>ty and <a href="secur.htm">secur</a>e the <a href="promis.htm">Promis</a>es.<br/>
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